Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-06 17.532690 19.997504 22.688613 25.845680 29.449203 33.435684 38.182783
2024-10-13 13.957066 17.137617 20.874374 25.591660 31.393657 38.304560 47.174223
2024-10-20 11.018961 14.459540 18.778038 24.603348 32.269570 42.034059 55.449815
2024-10-27 8.969383 12.524925 17.272605 24.087942 33.645855 46.612741 65.611892
2024-11-03 7.695520 11.399875 16.645945 24.636676 36.543948 53.702213 80.440425
2024-11-10 6.742414 10.565328 16.291132 25.520183 40.093607 62.341124 99.120836
2024-11-17 5.780162 9.553056 15.512193 25.647976 42.561224 69.840276 117.557478
2024-11-24 4.791358 8.327913 14.201615 24.714599 43.200653 74.616207 132.605079
2024-12-01 3.992641 7.280140 13.007574 23.769278 43.662805 79.201607 148.267960
2024-12-08 3.446307 6.578972 12.292528 23.540986 45.357974 86.251961 169.771455
2024-12-15 3.045532 6.075217 11.849112 23.737473 47.886190 95.294411 196.868284
2024-12-22 2.676076 5.566867 11.311949 23.658895 49.873256 103.669326 224.351386
2024-12-29 2.435191 5.287484 11.204206 24.490243 54.006300 117.395988 266.478848
2025-01-05 2.159507 4.885638 10.778115 24.579822 56.608865 128.476912 305.386927
2025-01-12 1.864068 4.386350 10.057104 23.887590 57.355618 135.680887 337.135284
2025-01-19 1.641364 4.011869 9.548144 23.589860 58.976247 145.243095 376.791080
2025-01-26 1.510408 3.831875 9.459839 24.293842 63.198513 161.931927 438.320220
2025-02-02 1.409959 3.708944 9.488516 25.303780 68.427485 182.246499 514.232458
2025-02-09 1.281403 3.489694 9.237772 25.542541 71.693119 198.180785 582.005882
2025-02-16 1.121206 3.155824 8.630136 24.699605 71.834286 205.753917 627.798146
2025-02-23 0.981581 2.852389 8.049832 23.821525 71.709262 212.605375 673.263715
2025-03-02 0.885842 2.656162 7.731819 23.645581 73.637990 225.881196 742.039649
2025-03-09 0.815064 2.520174 7.562169 23.885615 76.908796 243.942891 830.850002